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JOB SEARCH IN A RECESSION

If you have recently lost your job, you may have already discovered that during a recession there are hundreds of thousands of job seekers in the market and finding another role quickly may be difficult.

Businesses are often focused on reducing the number of employees rather than on increasing head count. If there is a need to fill a role, then recruitment needs may be being managed differently than in the past.

It is not unusual for companies to look for the least expensive way to fill a role and job search success can often be based on ‘being in the right place at the right time'

During a recession, those businesses that have historically engaged recruitment firms to fill roles will instead choose to manage recruitment needs internally. What this means is that recruitment firms may have far fewer jobs to fill at the same time as being inundated with candidates looking for work.

When there is a resource need, businesses may look to hire a person on a contract or temporary basis rather than one a permanent basis until staffing needs become more certain.

Rather than advertising a vacancy in print media such as newspapers, journals, industry magazines) firms may choose to use the less expensive option of directly posting a vacancy online and then managing the selection internally.

As a Job Seeker in a recession, there are plenty of steps you can take to get that next job.

First and foremost, DO NOT GIVE UP!!!!!

Even during more buoyant times, the average amount of time taken to get another job is about three months, provided 3-4 hours a day is being spent in job search.

In a recession when jobs are scarce and competition has increased, that time frame is likely to be even longer.

Following these simple steps may help:

  • Make sure that you have a high impact, top quality Curriculum Vitae / Resume as this will decide whether you are asked for an interview. You will be in the job market with huge numbers of other people looking for a similar job so you want to have the edge on your competition.  View information on our Resume/CV Builder
  • Write an effective cover letter for a job application - it wets the appetite to read the CV. Highlight your achievements and the benefits that you bring to the role. View information on our Cover Letters
  • If you come across a potential opportunity, offer to work at no cost for the first two weeks so that you can be ‘tested' in the role. Where possible agree remuneration and terms and conditions for the role first. Then on the condition that you are suitable, the job would be offered to you first. Do remember to get any agreement in writing!
  • Continue to register with relevant recruitment firms but be mindful that their task is not to find you a job or to help you in your career. Their key objective is to secure business for the recruitment firm through finding a company that has a role to fill. For more information on Recruitment Agencies click here  or for information on our job board listings click here
  • Don't become disheartened if you don't find the exact job you're looking for advertised either on line or through various print media. Many businesses will look to other options first before spending money on advertising.
  • Recognise the importance of being in the right place at the right time and network, network, network. Let as many people as possible know that you are in the job market and follow up immediately on any potential leads. For more information on Networking click here.